Harman Professional and Quail Capital announced the formation of Harman Equipment Finance to deliver capital to acquire Harman’s products including: Studer, JBL, Martin Professional, Soundcraft and Crown.

Harman Professional is a wholly owned subsidiary of Harman International Industries, with revenues exceeding $4 billion annually. Harman provides audio and professional lighting worldwide.

“Quail Capital Corp will provide us the best of all worlds in customer financing, offering both finance agreements and lease structures to our varied customer base worldwide. Quail has the unique ability to access the widest variety of funding. They were very effective advisors in developing a comprehensive finance program for our customers. We are confident they will help us achieve an increase in Sales and greater control of our selling cycle while also reducing credit risk to Harman,” said Phil Tatro, director of Order to Cash for Harman Professional.

Brian Friborg, Harman VP North American Sales and former president of Martin Professional, said, “Quail Capital has been providing equipment financing to our customers for many years. We are very excited to bring their expertise and excellent customer support to the entire Harman family. They are a trusted advisor to both Harman and our customers.”

Jeff Rudin, CEO Quail Capital Corp said, “We are humbled to be chosen by such a legendary company as Harman to provide financing solutions to their customers. Our more than 20 years serving the Entertainment industry will continue to provide the most innovative options for our mutual customers

Quail Capital is a facilitator of financing solutions across all industries including entertainment, manufacturing, auto repair, medical, education, IT and large project finance. The company specializes in developing and advising on vendor financing programs.